Showing posts with label gtso. Show all posts
Showing posts with label gtso. Show all posts

Friday, September 9, 2011

Friday's Stocks To Watch - PASO, KADR, AQUS, GTSO


PASO this stock has been bumping along all time lows recently and had news out after hours on Thursday that should bolster the stock going forward. The stock's 50 day moving average is $.0015 almost 100% from its closing price.

KADR this stock, in my view, is a great bottom play. The stock sits right near 52 week lows and has fallen dramatically from its once lofty levels. At $.0245 I think this stock could see a quick 50-75% move higher.

AQUS this knife keeps falling, don't get cut, but also watch for a possible reversal. The stock is very liquid right now meaning you can get in and out quickly. I will tweet today if I see a sign the stock could be turning, which could offer a quick, hopefully profitable, trade

GTSO market maker VERT seems to have released his death grip and the stock is starting to react favorably as it recovers its breath.

Tuesday, September 6, 2011

Wednesday's Stocks To Watch - ALCL, TNGL, GTSO, ABPR


ABPR closed at $.0047 today. The chart is looking strong after the stock hit the $.002 area. Recent financials show the company has posted a positive net income for the last 9 months after posting a huge $2 million + loss in 2010. Quite a turn around and I think the stock could have plenty of more room to move higher.

ALCL had it on watch for a turnaround last week. It can be tough to pull the trigger on a stock that has fallen rapidly. But these same stocks can post big moves after they have fallen and ALCL showed this to be true today. It remains on watch for further gains.

TNGL gold hit fresh highs today and this is one gold stock I like currently trading around $.04 a share.

GTSO VERT came down last week pre-market at $.175 and continues to hit the bid (as I tweeted that day). This stock will not rebound with selling/dilution going on and until VERT runs out of shares to sell, this stock will not be able to maintain any type of rally. I still like the chart and the stock is very oversold. If/when the selling stops, this stock will, in my view, post a sharp rally.

Wednesday, August 31, 2011

Thursdays Stocks To Watch - GTSO, ALCL, CRWV, ALTO

GTSO this stock remains on watch for a quick reversal. It has been holding this range for the last three sessions and I feel the next move will be higher.

ALCL we should be looking for a possible bounce tomorrow after it fell over 40% today.

CRWV in the same leaking, life preserver less boat with ALCL, look for a point of entry for a rebound in price per share. I will try and tweet if I see and opportunity with both ALCL and CRWV.

ALTO this stock plummeted today after sustaining a slow, drawn out drop from over $.04. I like this stock for a quick reversal short term. With the stock hitting fresh lows today, this stock should have lit up the scans of other traders, meaning more interest is possible tomorrow.

Tuesday, August 30, 2011

GTSO - Bottom Alert -



Today GTSO pulled back from yesterday's close of $.194 and ended the session at $.18. I still feel a very sharp rally is coming for this stock as it has fallen so dramatically. I do think this stock is at an important juncture. For three sessions its held up nicely with solid support as compared to recent periods. Today large blocks came on the ask at $.18 and each time buyers came in to purchase those shares. This leads me to believe buyers are coming back into this stock. If the selling abates, this stock could rally from here. Of course the selling could pick-up and GTSO could fall further. There is no telling for 100% sure what is going to happen.

What we do know is this stock is incredibly over sold. It has been in this condition for over a month.

GTSO per the company web site: GTSO offers you the ability to own your own piece of the precious metals sector without having to physically store the commodity.

http://gtsogold.com/

With gold and silver continually catching a bid and hitting all-tiem highs this year, stocks that deal with these precious metals should be in demand now and into the future.

Monday, August 29, 2011

Tuesdays Stocks To Watch - GTSO, HPGS, TNGL, SHMX, SPAH, PRMO

Gold stocks:
SHMX the chart is looking good for this stock and we could be looking at the start of a sustained price recovery.

TNGL I really like this stock, although the price sits at recent lows, I feel it deserves a much higher valuation.

SPAH trading near 52 week lows, I think this stock will impress going forward.

PRMO this $.0001 bidless stock remains the cheapest gold stock in the market. Take a look at their recent financials posted on OtcMarkets and you will see why I like this stock.

Bottom Plays:

GTSO the stock posted a hammer today on the daily chart. This could be the start of a reversal. Considering how far the stock has fallen a rebound could mean a big move up for this stock. Keep an eye on it.

HPGS this stock is still oversold and I think the next rally could be a sustainable one for at least the short term.

GTSO - Bottom Alert - Bullish Hammer Reversal?






GTSO is down from $5 a share to a close of $.194 today. The stock was over $1 last month, $2.00 the month before that, and looks primed for a reversal at some point. The stock has a 50 day moving average of $.55 and a 200 day moving average of $2.21. Those two averages show the depth of GTSO's drop and the potential the stock has should it decide to rebound.

GTSO is also involved in gold mining and with gold prices continuing to soar this could benefit the company going forward. You can read more about this at their website: http://www.gtsogold.com/investors.html

Other than being oversold, today's hammer formation could indicate a possible trend reversal is coming.




I took this image of a hammer formation from the stockcharts.com website, notice what happens when a bullish hammer formation comes (link below)


From stockcharts.com: The Hammer is a bullish reversal pattern that forms after a decline. In addition to a potential trend reversal, hammers can mark bottoms or support levels. After a decline, hammers signal a bullish revival. The low of the long lower shadow implies that sellers drove prices lower during the session. However, the strong finish indicates that buyers regained their footing to end the session on a strong note. While this may seem enough to act on, hammers require further bullish confirmation. The low of the hammer shows that plenty of sellers remain. Further buying pressure, and preferably on expanding volume, is needed before acting. Such confirmation could come from a gap up or long white candlestick. Hammers are similar to selling climaxes, and heavy volume can serve to reinforce the validity of the reversal. (Click here for the link to this excerpt)


After such a dramatic drop in price I think GTSO will have a sharp rally at some point. Perhaps tomorrow we will get the bullish confirmation that stockcharts talks about above. Or perhaps the stock will continue its losing ways. Nothing in this market is guaranteed. But we do know that these stocks can rally sharply once their trend changes and getting in before that rally occurs can be a very profitable trade.